- Category
- Medium (2024-25)
- Udyam number
- UDYAM-WB-10-0002042

About Innovel Energy Services Private Limited
Data last updated:
Innovel Energy Services Private Limited is a private limited company based in Kolkata, West Bengal, India, a subsidiary of Sarvam Investment Private Limited. It operates in the procurement and construction (epc) segment of the engineering sector. It was incorporated on 01 August 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U52190WB2012PTC184299. Its GSTIN is 19AADCE1639H1ZN (West Bengal). The company holds 11 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹9.8 Cr and a paid-up capital of ₹9.47 Cr. It was formerly known as Environ Solar Private Limited and Environ Energy Services Private Limited. It is led by directors Prakash Prajapati and Jyoti Kumar Poddar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 3/1 Brojomoni, Debya Road Thakurpukur District South 24 Parganas Kolkata – 700008, West Bengal, India – 700008.
As per the financials filed for FY 2025, the company reported a revenue of ₹40.9 Cr. For the same year it recorded a net profit of ₹27.43 Lakh (net margin 0.7%) and EBITDA of ₹71.21 Lakh (EBITDA margin 1.7%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years and 15% over five years.
The company has about 1,474 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Bhaskar Solar. As per MCA filings, the company has open charges of ₹12.62 Cr on record. Court records list 25 cases involving the company, including 22 filed by the company and 3 filed against it; 8 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹32.4 Cr; the latest was in March 2019.
Innovel Energy Services Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0002042). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website environenergy.in.
Company details
Name history
Innovel Energy Services has undergone 2 name changes throughout its history. The company was previously known as Environ Solar Private Limited, and Environ Energy Services Private Limited. The current legal name is Innovel Energy Services Private Limited.
| Company Name | Status |
|---|---|
| Innovel Energy Services Private Limited | Current |
| Environ Solar Private Limited | Previous |
| Environ Energy Services Private Limited | Previous |
Recognitions & Rankings of Innovel Energy Services
Contact details
Innovel Energy Services Private Limited's registered office is in Kolkata, West Bengal. Its website is environenergy.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address3/1 Brojomoni, Debya Road Thakurpukur District South 24 Parganas Kolkata – 700008, West Bengal, India – 700008
- IndustryEngineering, Procurement & Construction (EPC), Engineering
To see the full contact details of Innovel Energy Services Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Innovel Energy Services operates one associated brand: Bhaskar Solar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Specializes in solar installations and rural electrification for sustainable energy access. | bhaskarsolar.com |
Business activity
The main business activity of Innovel Energy Services is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Innovel Energy Services Private Limited, buy the company report.
Financials of Innovel Energy Services Private Limited
FY 2025 filings availableInnovel Energy Services Private Limited reported revenue of ₹40.9 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years. EBITDA rose 13% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹71.21 Lakh | ||||
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| Net Profit (PAT) | ₹27.43 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 1.7% | ||||
| Net Profit Margin | 0.7% | ||||
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To see the full financial statements and ratios of Innovel Energy Services Private Limited, buy the company report.
Board of directors of Innovel Energy Services Private Limited
Innovel Energy Services has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakash Prajapati | Director | 06 Aug 2021 | 5 Years 3 Months | Current |
| Jyoti Kumar Poddar Also directs: Croza Energy Consultants LLP, Tarang Solar Energy LLP, India Uniper Power Services Private Limited and 1 more | Director | 01 Aug 2012 | 14 Years 3 Months | Current |
Auditor
Innovel Energy Services Private Limited is audited by K. N. GUTGUTIA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K. N. GUTGUTIA & CO. | FY 2023 | 304153E |
Shareholding
The shareholding of Innovel Energy Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Innovel Energy Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jul 2018 | 100207809 | Others | ₹10 Cr | Open | |
| 22 Jan 2015 | 10549493 | Srei Equipment Finance Limited | ₹45.91 Lakh | Open | |
| 31 Jul 2014 | 10511962 | Srei Equipment Finance Limited | ₹1.37 Cr | Open | |
| 31 Jul 2014 | 10511964 | Srei Equipment Finance Limited | ₹44.57 Lakh | Open | |
| 01 Jul 2014 | 10511170 | Srei Equipment Finance Limited | ₹35 Lakh | Open |
Total charge records: 5 View all charges
Deals & funding
Innovel Energy Services Private Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹32.4 Cr; the latest was in March 2019.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Funding round | ₹32.4 Cr | Investors: Environ Energy Corporation India Private Limited |
| Dec 2016 | Secondary share transfer | Undisclosed | Buyer: Jyoti Kumar Poddar HUF Seller: Environ Energy Corporation India Private Limited , Environ Energy Corporation India Private Limited & Jyoti Kumar Poddar |
| Jan 2015 | Secondary share transfer | Undisclosed | Buyer: Environ Energy Corporation India Private Limited & Jyoti Kumar Poddar, Environ Energy Corporation India Private Limited Seller: an individual |
| Oct 2014 | Secondary share transfer | Undisclosed | Buyer: Environ Energy Corporation India Private Limited Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Innovel Energy Services Private Limited has 25 court cases on record: 22 filed by Innovel Energy Services, 3 filed against it. 8 cases are pending and 17 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 14 | 1 | 2 |
| District courts | 11 | 2 | 6 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Atc Infrastructure Services Ltd. Formerly Known As Idea Cellular Infrastructure Services Ltd. and 1 other | Pending |
| Bombay High Court | Arbitration matter | Filed by the company against Elevar Digitel Infrastructure Private Limited Erstwhile Atc Telecom Infrastructure Private Limited and 1 other | Disposed |
| District court, New Delhi, Delhi | Court case (OMP (COMM.)) | Filed against the company by Elevar Digitel Infrastructure Pvt Ltd | Disposed |
| High Court, MAHARASHTRA | Arbitration matter | Filed by the company against Elevar Digitel Infrastructure Private Limited Erstwhile Atc Infrastructure Services Limited | Disposed |
| District court, North Twenty Four Parganas, West Bengal | Civil suit | Filed by the company against Asyst Software Private Ltd | Disposed |
To see the full case history of Innovel Energy Services Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Innovel Energy Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Innovel Energy Services has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Environ Green Energy Private Limited | U40300WB2016PTC218329 |
To see the full group structure of Innovel Energy Services Private Limited, buy the company report.
Employees & EPFO
Innovel Energy Services Private Limited has a workforce of 1,474 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 1,474 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Innovel Energy Services Private Limited, buy the company report.
GST
Innovel Energy Services has 11 GST registrations: 7 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AADCE1639H1ZN | West Bengal | Active | 01 Jul 2017 |
| 10AADCE1639H1Z5 | Bihar | Active | 01 Jul 2017 |
| 21AADCE1639H1Z2 | Odisha | Active | 01 Jul 2017 |
| 23AADCE1639H1ZY | Madhya Pradesh | Active | 15 Sep 2020 |
To see the full GST registrations and return filing status of Innovel Energy Services Private Limited, buy the company report.
Recent activity
Innovel Energy Services Private Limited has 5 board changes on record since 2012: 2 appointments and 3 cessations. The latest: Prakash Prajapati ceased to be Additional Director on 30 Nov 2021.
1 earlier event is in the company report.
Frequently asked questions
Innovel Energy Services is an active private limited company based in Kolkata, West Bengal, India. The company works in procurement and construction (epc), within the engineering industry. It was incorporated on 01 August 2012 (14+ years old) and is registered under CIN U52190WB2012PTC184299.
Innovel Energy Services has 2 current directors:
- Prakash Prajapati - Director
- Jyoti Kumar Poddar - Director
The latest financial statements of Innovel Energy Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Innovel Energy Services is 19AADCE1639H1ZN, registered in West Bengal. The company has 11 GST registrations in all, of which 7 are active and 4 are cancelled or inactive. Other active GSTINs include 10AADCE1639H1Z5 (Bihar), 21AADCE1639H1Z2 (Odisha), 23AADCE1639H1ZY (Madhya Pradesh).
The CIN (Corporate Identification Number) of Innovel Energy Services is U52190WB2012PTC184299. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovel Energy Services has 25 court cases on record: 22 filed by the company and 3 filed against it. 8 are pending. Most are in the high courts.
Innovel Energy Services was incorporated on 01 August 2012, making it 14+ years old. It is registered with the Registrar of Companies, Kolkata.
Innovel Energy Services has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹32.4 Cr; the latest was in March 2019.
Prakash Prajapati ceased to be Additional Director on 30 Nov 2021. Prakash Prajapati was appointed as Director on 06 Aug 2021. Dharmendra Kumar Singh ceased to be Additional Director on 31 Dec 2020. Innovel Energy Services has 5 board changes on record in total.
Yes, Innovel Energy Services is registered as a medium enterprise under Udyam registration (number: UDYAM-WB-10-0002042).

